Democorruptcy Posted August 11, 2009 Share Posted August 11, 2009 Don't let them estate agents con you into selling at that low price. They are saying things have changed. If you listen to them now it's obvious they are talking about prices increasing this year. So take them at their word. Why sell at that low price when you can obviously get loads more money in months if not weeks? Those nasty estate agents duped you into accepting a low price to get the market going again. Why not get out of the sale while you still can then readvertise at a higher price? Quote Link to comment Share on other sites More sharing options...
TheEmperorHasNoClothes Posted August 11, 2009 Share Posted August 11, 2009 Don't let them estate agents con you into selling at that low price. They are saying things have changed.If you listen to them now it's obvious they are talking about prices increasing this year. So take them at their word. Why sell at that low price when you can obviously get loads more money in months if not weeks? Those nasty estate agents duped you into accepting a low price to get the market going again. Why not get out of the sale while you still can then readvertise at a higher price? Why sell at all? Anyone who sells is not in it for the long term. </ironic> Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted August 11, 2009 Share Posted August 11, 2009 Also this will help the estate agent if they are on a % of your sale. You wouldn't want to take the food out of their mouths would you? Delay the sale and give them more money in a few months. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted August 11, 2009 Author Share Posted August 11, 2009 You only have to look at all the threads on here, stuff like: CEBR say house crash over Mortgage approvals up The boom is back That estate agent on the BBC site swamped by buyers etc. etc. Don't be a mug. Get that sale cancelled while you still can. Those estate agents wouldn't lie about the market would they? Quote Link to comment Share on other sites More sharing options...
Laura Posted August 11, 2009 Share Posted August 11, 2009 Why sell at all? Anyone who sells is not in it for the long term.</ironic> Indeed. Once bought, a house should be for life. Ban the sale of secondhand homes I say. Quote Link to comment Share on other sites More sharing options...
29929BlackTuesday Posted August 11, 2009 Share Posted August 11, 2009 Yes. Or better still - rent it out and spend all your inheritance on some flats or a bigger house. Renting your house out it easy and easily covers mortgage payments. House prices have historically NEVER GONE DOWN after going up - EVER. So, you can't lose. There's one thing sure about life and that financial investments ALWAYS go up and nobody ever loses money. A second-hand house salesman told me. Quote Link to comment Share on other sites More sharing options...
NotMyHouse Posted August 11, 2009 Share Posted August 11, 2009 Indeed. Once bought, a house should be for life. Ban the sale of secondhand homes I say. Removals people can retrain as undertakers. Only one box to shift then. Quote Link to comment Share on other sites More sharing options...
xcojo Posted August 11, 2009 Share Posted August 11, 2009 I just bought three places that have just come on to the market again. THE TIME TO BUY IS NOW! Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 11, 2009 Share Posted August 11, 2009 I just bought three places that have just come on to the market again. THE TIME TO BUY IS NOW! you have no brain chinaman Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted August 11, 2009 Author Share Posted August 11, 2009 Think about it. If the estate agents, RICS etc know that prices are going up then they are not working in your interests by having you sell now are they? It is going to cost you £1,000's Get it cancelled. Don't feel sorry for the buyer they are duping you, they think you are a mug selling now. Quote Link to comment Share on other sites More sharing options...
Laura Posted August 11, 2009 Share Posted August 11, 2009 Removals people can retrain as undertakers. Only one box to shift then. There will be an awful smell if couples don't die at the same time The law will need tightening up. Random death will have to go. Quote Link to comment Share on other sites More sharing options...
Guest DissipatedYouthIsValuable Posted August 11, 2009 Share Posted August 11, 2009 I'm off to load up on flats this very afternoon. I'm going for the off-plan-interest-only-in-the-shit-together-185%-mortgage-up-and-coming-area-luxury-executive apartments. If you don't buy now, you'll be priced out forever, suckers! Quote Link to comment Share on other sites More sharing options...
Minos Posted August 11, 2009 Share Posted August 11, 2009 you have no brain chinaman Quote Link to comment Share on other sites More sharing options...
General Melchett Posted August 11, 2009 Share Posted August 11, 2009 Indeed.Once bought, a house should be for life. Ban the sale of secondhand homes I say. Interestingly, this has sort of been tried in Ireland over the last few years by punitive stamp duty rates on 2nd hand houses vs new builds. Can't see any problems emerging yet in the Irish property market, so it is surely a winner Gorgon should try..... Quote Link to comment Share on other sites More sharing options...
AThirdWay Posted August 11, 2009 Share Posted August 11, 2009 Don't let them estate agents con you into selling at that low price. They are saying things have changed.If you listen to them now it's obvious they are talking about prices increasing this year. So take them at their word. Why sell at that low price when you can obviously get loads more money in months if not weeks? Those nasty estate agents duped you into accepting a low price to get the market going again. Why not get out of the sale while you still can then readvertise at a higher price? Didn't I read this in the Viz, Top Tips section???? Quote Link to comment Share on other sites More sharing options...
Potwalloper Posted August 11, 2009 Share Posted August 11, 2009 Thanks for all the advice. I have had enough of renting. It's dead money, you now. Debt is good. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted August 11, 2009 Share Posted August 11, 2009 I'm off to load up on flats this very afternoon. I'm going for the off-plan-interest-only-in-the-shit-together-185%-mortgage-up-and-coming-area-luxury-executive apartments. If you don't buy now, you'll be priced out forever, suckers! Hah, beat you too it! I've just paid the asking price for executive apartments in Pan Peninsular and Royal Arsenal, Woolwich. Going to make a fortune, with the banking industry getting back on its feet. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 11, 2009 Share Posted August 11, 2009 im gutted, Ive just closed on a 8 times salary mortgage. still its ok, I can sell it on to a chap who will have a 10 times salary mortgage. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted August 11, 2009 Author Share Posted August 11, 2009 If I had a sale going through I would take a letter to my estate agent and get them to sign it with a "yes" or "no" to this question: "Do you or any of your staff personally know who is buying my house?" Someone must be getting a right bargain with prices going back up. Would it be easier for the agent to have been persuaded to sell your pride and joy at such a low price by someone they know? They might have inadvertently let themselves be too generous with YOUR property. I once bought a top at Asda and it was reduced in the sale the week after. I was GUTTED! Gods knows how I would feel if a house I sold was back on the market the month after at 10% more. Quote Link to comment Share on other sites More sharing options...
thedebtisreal Posted August 11, 2009 Share Posted August 11, 2009 This threads making me laugh. But its true, if now is a good time to buy, its a bad time to sell. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted August 11, 2009 Author Share Posted August 11, 2009 It wouldn't surprise me to see a really astute estate agent on the BBC any day now: "We have recently persuaded 125 clients to cancel their house sales and prevented the sale of about 625 properties in the chains involved. We did this because it is obvious that house prices are rising and the people selling were going to lose a fortune selling too cheaply" Think how many sellers would immediately rush to put their properties for sale with this HONEST agent! An agent looking after his clients! You buy low and sell high - there is no sense in selling when prices are rising is there? Quote Link to comment Share on other sites More sharing options...
LuckyOne Posted August 11, 2009 Share Posted August 11, 2009 It wouldn't surprise me to see a really astute estate agent on the BBC any day now:"We have recently persuaded 125 clients to cancel their house sales and prevented the sale of about 625 properties in the chains involved. We did this because it is obvious that house prices are rising and the people selling were going to lose a fortune selling too cheaply" Think how many sellers would immediately rush to put their properties for sale with this HONEST agent! An agent looking after his clients! You buy low and sell high - there is no sense in selling when prices are rising is there? Especially not in 2006 and 2007 ........ Quote Link to comment Share on other sites More sharing options...
LuckyOne Posted August 11, 2009 Share Posted August 11, 2009 Tough! you will not be making any money ... I've just gazumped you. I just heard from your banker : computer says no to your credit application ...... Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted August 11, 2009 Author Share Posted August 11, 2009 It's a small island!! Haven't you people selling now ever been on an aeroplane? Blink and you miss the UK. Pull those chains - QUICK - while you can. Quote Link to comment Share on other sites More sharing options...
LuckyOne Posted August 11, 2009 Share Posted August 11, 2009 (edited) But Ive got 10% deposit and only need 8X salary inc bonuses. Bring back the old Northern Rock they knew how to lend. I'm sorry, it must have been the wrong application. The one that I saw was a 110% LTV and 10x salary plus expected bonuses in 2015. There is a QE special on. I am sure that a prudent borrower like yourself is doing this to help the working families of Britain so your application will be approved immediately. You should check your account. The money should already be there ....... Edited August 11, 2009 by LuckyOne Quote Link to comment Share on other sites More sharing options...
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